Walmart posted another strong quarter with rising sales and e-commerce growth, while raising its full-year guidance despite cost pressures from tariffs. CEO Doug McMillon emphasized holding prices low as long as possible, while CFO John David Rainey noted selective strategies to manage added costs.
Key Takeaways
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Tariff impact muted so far: Walmart faces mounting tariff-related inventory costs but is carefully balancing between absorbing and passing on costs to consumers.
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Strong financial results: Net income jumped to $7.03 billion, with revenue rising 4.8% to $177.4 billion, driven by grocery, health, and robust international growth.
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E-commerce momentum continues: Online sales rose 26% in the U.S. and 25% globally—marking 13 consecutive quarters of double-digit digital growth.
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